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The closing price of Staar Surgical Co. (NASDAQ: STAA) was $36.71 for the day, down -4.75% from the previous closing price of $38.54. In other words, the price has decreased by -$4.75 from its previous closing price. On the day, 1.26 million shares were traded. STAA stock price reached its highest trading level at $39.35 during the session, while it also had its lowest trading level at $35.28.
Ratios:
Our analysis of STAA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 133.27. For the most recent quarter (mrq), Quick Ratio is recorded 5.21 and its Current Ratio is at 5.80. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on July 15, 2024, Downgraded its rating to Underweight and sets its target price to $37 from $50 previously.
On June 11, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $46.
Stifel Upgraded its Hold to Buy on March 11, 2024, whereas the target price for the stock was revised from $30 to $50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 09 ’24 when BROADWOOD PARTNERS, L.P. bought 1 shares for $42.56 per share. The transaction valued at 43 led to the insider holds 10,768,431 shares of the business.
WEISNER AIMEE S bought 1,750 shares of STAA for $66,692 on Mar 14 ’24. The Director now owns 10,864 shares after completing the transaction at $38.11 per share. On Jan 08 ’24, another insider, BROADWOOD PARTNERS, L.P., who serves as the 10% Owner of the company, bought 4,042 shares for $27.11 each. As a result, the insider paid 109,570 and bolstered with 10,768,430 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STAA now has a Market Capitalization of 1805698816 and an Enterprise Value of 1606183808. As of this moment, Staar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 109.58, and their Forward P/E ratio for the next fiscal year is 46.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.42 while its Price-to-Book (P/B) ratio in mrq is 4.41. Its current Enterprise Value per Revenue stands at 4.824 whereas that against EBITDA is 48.28.
Stock Price History:
Over the past 52 weeks, STAA has reached a high of $52.68, while it has fallen to a 52-week low of $26.66. The 50-Day Moving Average of the stock is -12.29%, while the 200-Day Moving Average is calculated to be -3.07%.
Shares Statistics:
STAA traded an average of 670.96K shares per day over the past three months and 1324920 shares per day over the past ten days. A total of 48.84M shares are outstanding, with a floating share count of 48.79M. Insiders hold about 0.80% of the company’s shares, while institutions hold 97.87% stake in the company. Shares short for STAA as of 1722384000 were 4347120 with a Short Ratio of 6.48, compared to 1719532800 on 4220654. Therefore, it implies a Short% of Shares Outstanding of 4347120 and a Short% of Float of 17.66.
